PM Shram Yogi Maandhan: The Government of India is running many schemes for the economically weaker people. In this episode, PM Shram Yogi Maandhan Yojana has also been started, under which pension will be given. This is a voluntary and contributory pension scheme. People between 18 and 40 years can participate in this scheme.
When the time comes, you will get a pension of up to ₹ 3 thousand. If you also want to secure your future, then this scheme can prove to be a boon for you. Know the necessary things and eligibility to take advantage of this scheme.
People between 18 and 40 years old can get benefits.
People between 18 and 40 years old can apply for this scheme. If an unorganized worker becomes a member of this scheme and deposits money till the age of 60, he will get the benefit of a monthly pension up to ₹ 3000.
At the same time, after his death, the spouse will get 50 percent of the pension. Apart from this, the facility of nomination will also be available in this scheme. The beneficiary can add anyone’s name under the scheme. This scheme provides social security to the workers of the unorganized sector.
Who will get the benefit
This scheme will include street vendors, head load carriers, cobblers, garbage pickers, domestic workers, washermen, rickshaw pullers, rural landless laborers, agricultural workers, construction workers, beedi workers, handloom workers, and leather workers.
The monthly income of these people should be ₹ 15,000. Apart from this, employees who are not included in NPS, ESIP, and EPFO will also be included in this scheme. One can start by depositing ₹ 55 from the age of 18. This scheme is a strong security cover for the economically weaker section.
Which documents are required
To avail the scheme, the beneficiary has to provide Aadhar card, bank passbook and self-certified form. In which consent form will also be taken for auto-debit facility. To deposit the money, installment will be deducted every month through auto-debit.
However, provision for quarterly, half-yearly and annual contributions will also be given in it. The first installment has to be deposited in cash at the Common Service Center. This process is simple and accessible.
PM Shram Yogi Maandhan Yojana is a great initiative for unorganized sector workers. This scheme provides them with financial security after retirement. This information will help you to take advantage of the scheme.